Welcome Msg: Welcome index futures traders and TrendVUE.com alumni. Today's charts at www.DaCharts.com WARNING: Any trades posted here are for educational purposes only. Don't take the trades unless you understand them and can take the risk. ppusa: ehuge 7 up hours says another shake and you will see a new low (12:12 PM) ehuge: 7 up hours i'm just looking for 20 mins (12:13 PM) ehuge: just a retest of 1413 with a higher low (12:13 PM) tippet: 50^% last move (12:13 PM) tippet: backside too the ema (12:15 PM) ehuge: well nice trade ppusa (12:17 PM) ppusa: huge paper profits (12:17 PM) ppusa: i mean big paper profits (12:18 PM) ppusa: can i help Tom (12:18 PM) Tom_B: lng agn...grrr (12:18 PM) ppusa: want a flashlight? (12:18 PM) Tom_B: don't need one u can see it frm ur hse (12:19 PM) tippet: so far retra to 5min trndline anyone think short again (12:19 PM) ppusa: Tippet the 7 up hours says this will die but (12:20 PM) ppusa: one more is 8 (12:20 PM) Tom_B: Last SWL must hld or I'm a Chimp bride (12:20 PM) tippet: hit 62% (12:20 PM) ppusa: i agree Tom (12:20 PM) ppusa: the overall pattern remains bullish (12:20 PM) ppusa: good luck (12:21 PM) Tom_B: prob best mve wud be to be out unr these conditions (12:21 PM) prakso3: tom_b SWL ?? thx (12:21 PM) Tom_B: just trying to get positind but hvng trble (12:22 PM) Tom_B: lng & lighting incense (12:23 PM) Tom_B: Been WAY off my game today (12:24 PM) Tom_B: That 26 is like a rock...if it goes though I will add (12:24 PM) ehuge: a good divergance trade was at 10:30 (12:24 PM) ehuge: perfect setup (12:24 PM) ppusa: if i had to short it (12:24 PM) Tom_B: y, i saw that not my trde though (12:24 PM) ppusa: ehuge time zone????? (12:24 PM) ehuge: est (12:25 PM) ppusa: a buy (12:25 PM) ehuge: yep (12:25 PM) ehuge: 15 points (12:26 PM) ehuge: got a small piece (12:26 PM) tippet: anyone notice the big inv h&s could also be a rising wedge ........diabolical (12:27 PM) Tom_B: There is a poss that this rally is really a big W:4 before it tanks...agree Tipp...been on guard for that but watching (12:28 PM) tippet: ultimately we could pop above neckline lure in longs and get the classic pop out of top of wedge before going down (12:28 PM) ppusa: Tom w4 from today's high? (12:28 PM) tomsurf: tip- now that's diabolical (12:29 PM) Tom_B: This whole move up is a correction to the main dwn trnd & its ovr ?? (12:29 PM) Tom_B: y pp (12:30 PM) jimbo_320: this is like watching paint dry (12:30 PM) Tom_B: Can't tell pp, i'll just eventually go with (12:30 PM) ppusa: well at least i am following your intent (12:31 PM) Tom_B: we're making progree pp :) (12:31 PM) ppusa: on the long side es and the dow are melting up (12:31 PM) Tom_B: progress (12:31 PM) ppusa: the dow is up 121 today (12:31 PM) ppusa: why shold we tank (12:31 PM) ppusa: the trans index is making a new high (12:32 PM) ppusa: so if this is a wave 4 then we shold buy at 1400 (12:32 PM) Tom_B: Vry son we are going to get into wht i cal a compressioin zone... , nxt 15-30min...watermellon seed time...pop coming (12:32 PM) ppusa: maybe that's why my overall position is still long q's (12:33 PM) ppusa: just started a new hour (12:34 PM) Tom_B: I'm still lng ...if we go sideways we r wrking off OB onlngr TF, if we fail then W:$ TOP (12:34 PM) Tom_B: W:4 (12:34 PM) ppusa: is ib down or globex or ? (12:34 PM) tippet: globex (12:35 PM) tomsurf: globex sure hasn't been good lately (12:35 PM) Tom_B: getting quotes hre on esig hope there not making them up (12:35 PM) jalemany: my J-Trader working (12:36 PM) Maverick-Trader: J ok here, also (12:38 PM) scorp: i'm back (12:38 PM) scorp: thanks tippet (12:38 PM) tippet: no thank yoooooo (12:38 PM) scorp: Globex back on IB (12:39 PM) Tom_B: grrr, tested lower # (12:41 PM) ehuge: long 1415 (12:41 PM) Tom_B: huge good a spot as any (12:42 PM) Tom_B: of course need this to hld but if it does u got great location (12:43 PM) ehuge: stop to break even (12:44 PM) ehuge: nope out (12:44 PM) ehuge: lunch time bullshit (12:44 PM) scorp: we are in the 50/200 ma range Paltalk: ========================================== You should SEE what you've been missing!!! Get a Paltalk Plus subscription NOW and you can get fast motion video in ANY group! And as an added bonus you get NO banners and NO popups! Sign up today for only $24.95 a year. Thats less than six cents per day! ========================================== (12:49 PM) BrainStorm: grrr ISP out for an hour dont like trading on backup only (12:50 PM) scorp: i missed another one (12:50 PM) scorp: we had divergence and trendline break (12:50 PM) scorp: these things are working (12:50 PM) scorp: now if i can only use them to my advantage i just might have something (12:52 PM) scorp: that was a higher low there too (12:52 PM) Tom_B: Still bullish if SWL doesn't fold but up to res hre (12:52 PM) scorp: Bline still down tho (12:52 PM) scorp: i'm not touching it (12:53 PM) Tom_B: This the watermellon seed (12:54 PM) scorp: pop! (12:55 PM) scorp: i think you might be right (12:55 PM) scorp: boom! (12:56 PM) Tom_B: still need to clr HOD..court still out (12:56 PM) Tom_B: I thnk huge had THE spot 4 a lng (12:58 PM) Tom_B: This is a nasty day to trde..at least 4 me (12:59 PM) Tom_B: WE r still being compressed (12:59 PM) scorp: lets see what happens (12:59 PM) scorp: 1:00 hop coming! (01:00 PM) ppusa: out of last paper long (01:00 PM) ppusa: short now (01:00 PM) ppusa: paper (01:00 PM) scorp: based on? (01:00 PM) ppusa: 7 up hours and the highof this one beingin (01:01 PM) ppusa: i was napping (01:02 PM) ppusa: i like the approach here to the ma's . if it continues (01:02 PM) ppusa: looks like good momentum on a potential cross (01:02 PM) Tom_B: This range is defined now...which ever way we come out is it, imvho... Paltalk: An Instant Dating session has just started. If interested, come join one of the lobbies in the Instant Dating category now. (01:03 PM) ppusa: yes and if it goes up and i lose on paper it will look like a gartley (01:04 PM) Tom_B: pp..which means.. (01:04 PM) scorp: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-27/scorp16.jpg (01:04 PM) scorp: i'm not sure what that means (01:05 PM) Tom_B: pp ?? (01:05 PM) ppusa: so if it went up the end of the move (01:05 PM) ppusa: 5th wave (01:05 PM) Tom_B: if we brk out...thisi cud end at 65 (01:06 PM) scorp: 1440 first (01:06 PM) ppusa: yes that doesn't really coincide with your thinking (01:06 PM) Tom_B: which is why i've been battered as a lng (01:06 PM) BrainStorm: looks like complete and utter chop to me...though got an explosive move off similar action couple of days back (01:06 PM) FrankT: Looks like ES determined to test hod again (01:06 PM) ppusa: i don't want to get hung up on the hour chart so (01:06 PM) ppusa: i am open minded (01:07 PM) scorp: still in my crisscross (01:07 PM) scorp: lower high? (01:07 PM) Tom_B: If this brks out, I believe then more up...pp, if this is top of W:4 of this correction then will fail, otherwise this is only w:4 finishing & another leg up (01:07 PM) scorp: MACD setting up? (01:09 PM) Tom_B: Which means at decision point for a good move either way... leaning lng until prvn otherwise (01:10 PM) Tom_B: banging on reds agn (01:10 PM) scorp: chopilator (01:11 PM) Tom_B: res (01:11 PM) BrainStorm: Id be long at 25 (01:11 PM) BrainStorm: well 25.5 (01:11 PM) Tom_B: Any of u triangle specialists got a call on this ? (01:13 PM) tippet: guess thats a no (01:13 PM) Tom_B: RO4 3m ? (01:14 PM) tippet: hmm looks good (01:14 PM) tippet: same as on 5min (01:15 PM) FrankT: If ES breaks 1124 we could be off (01:16 PM) Tom_B: need 28-9 (01:17 PM) scorp: we lost our divergence (01:17 PM) scorp: but, doesn't seem like we are going anywhere (01:18 PM) Tom_B: a little early give it some time, imvho..still in range (01:18 PM) tippet: both at top of bb 5min... scorp if we go down u have your diverg (01:19 PM) scorp: i'm afraid to go get more coffee, i have this feeling that someone is going to flip the switch and off we go (01:19 PM) Tom_B: wish i knew if it was on or off (01:19 PM) scorp: hmmmm (01:20 PM) scorp: we might have something here (01:20 PM) Tom_B: shd know in the nxt 30 m (01:21 PM) BrainStorm: tempted by a nap but feel we might get a big move outa this (01:22 PM) scorp: potential energy building (01:23 PM) FrankT: needs another leg (01:24 PM) Tom_B: somebody showed up (01:24 PM) scorp: wow what? (01:24 PM) scorp: i'm short (01:24 PM) Tom_B: just saw a little up spike on 1m... (01:24 PM) scorp: but not on purpose (01:24 PM) Tom_B: might just be a data pop (01:24 PM) sb17: i don't usually use ADX, but I've found in ranges like this that it pays off eventually (01:25 PM) BrainStorm: yup volume there but could been a fake I guess (01:25 PM) sb17: ES 3M still consolidating (01:25 PM) Tom_B: tnx Brain (01:26 PM) BrainStorm: was one a few bars before 1 too tom again with some volume (01:27 PM) Tom_B: tnx (01:28 PM) BrainStorm: 5 min nas realy shows the chop (01:31 PM) sb17: is anyone else getting those stupid pop-up windows from PalTalk? (01:31 PM) tippet: well 3 humps sell div on144 and 2min smax sell,,,,,,GOOOO SCORPPPPPPPPPPPP (01:32 PM) scorp: thats it (01:32 PM) BrainStorm: sp rolling off a bit...flag would be bad here would need more oomph to get back to the high (01:32 PM) tippet: 20ema15 again (01:32 PM) scorp: coming up on the 200ma (01:32 PM) sb17: 19.25 ES previous S (01:33 PM) scorp: or going down to (01:33 PM) tippet: kinda rounded top here on 5min...Lower wedge trendline here!! (01:34 PM) tippet: so diabolical would be to poke out the bottom then go up (01:35 PM) p_8: using, NQoos oscilator, anyone noticed there was a sell divergence on 60min chart? (01:35 PM) FrankT: Successful test on ES (01:35 PM) FrankT: 5m (01:35 PM) FrankT: so far... (01:35 PM) ppusa: i think my cable is down (01:35 PM) BrainStorm: so thrilling I need a bathroom break (01:36 PM) ppusa: did you guys get the message about me being short 8 with no stops? (01:36 PM) tippet: see that per (01:36 PM) scorp: no (01:36 PM) ppusa: i guess the cable is down (01:37 PM) donsuelo: Thanks p_8 for the divergence alert (01:37 PM) p_8: same divergence can be seen on es 60min (01:38 PM) ppusa: sh*t best short of the day and i am off line (01:38 PM) ppusa: did you all see the three humps? (01:39 PM) scorp: alright, i need to really work on my execution (01:39 PM) scorp: man (01:39 PM) scorp: hope you all got this (01:40 PM) ppusa: you don't want to hear what i am thinkiing (01:40 PM) Tom_B: seed popped, me shrt :) (01:41 PM) BrainStorm: got a scalp sat on hands too long (01:41 PM) scorp: me too and i was here! (01:41 PM) ppusa: a down hour (01:41 PM) ppusa: i covered my paper short (01:41 PM) BrainStorm: funny they missed the stops bellow the previous lod (01:41 PM) ppusa: i will let a couple ride with a stop at b/e (01:41 PM) Tom_B: Watch 02-06..if takes out ... (01:41 PM) BrainStorm: ahh going back for them now lol (01:42 PM) ppusa: nq crossed the 20 on the 15 minute chart.....so far this doesn't mean a thing (01:42 PM) Tom_B: hve supp 1400 (01:43 PM) ppusa: but the approach was good (01:43 PM) ppusa: it had a lot of momentum (01:43 PM) scorp: approach excellent (01:43 PM) BrainStorm: over night low 1407 / 8 I think (01:43 PM) tippet: bouncedoff the downtrend line off 2/14 (01:43 PM) scorp: we had this short (01:43 PM) scorp: it was identified (01:43 PM) ppusa: yes we did (more or less) (01:43 PM) scorp: now lets go to 1440 (01:44 PM) ppusa: i need to straighten up my equipment so i will be back. Scorp because of the approach to the ma's the prudent thing would be to stay short if one had multiple contracts (01:45 PM) ppusa: there is a big gap at monday's low (01:45 PM) ppusa: and the 50 point PnF (01:45 PM) ppusa: good luck (01:45 PM) ppusa: i'll be back Paltalk: ========================================== You DO have a choice! Buy bannerless to end your popup blues today! Click OPTIONS on your Pal List then click 'Bannerless PalTalk'. Only $24.95 a year! That's less than SIX CENTS per day! WOW!!! Click HERE NOW to sign up! ========================================== (01:47 PM) scorp: we actually may get some buy divergence (01:50 PM) BrainStorm: support at 15min ema 50 maybe (01:51 PM) Tom_B: 1400 some sup (01:52 PM) BrainStorm: or maybe not (01:53 PM) Tom_B: "some" (01:54 PM) BrainStorm: 1392-97 congested several times over the last few days (01:54 PM) Tom_B: tis is bot of somwe supp (01:54 PM) Tom_B: 95 (01:54 PM) tippet: amazing move (01:55 PM) scorp: well, if there is anything positive that i can say about today, it is that at least i might have a plan (01:55 PM) scorp: too funny (01:55 PM) ppusa: i agree scorp.backn now (01:55 PM) scorp: i blame pp (01:55 PM) Tom_B: GREAT SCorp (01:55 PM) ppusa: yeeehawww (01:55 PM) tomsurf: scorp- ya sound like it...the new scorp ;-) (01:56 PM) ppusa: hey you know when i said paper short before the final hump scorp? (01:56 PM) scorp: lol - guys i haven't made any money today (01:56 PM) scorp: thats the beauty of it (01:56 PM) ppusa: haven't lost have you? (01:56 PM) Tom_B: pp, lks like that was end of W:4 up so dwn trnd to continue...not verified BUT if we take 1382 then it is in ELL wave trms but this lks ugly (01:56 PM) scorp: no (01:56 PM) scorp: i haven't (01:57 PM) scorp: 2:00 hop (01:57 PM) BrainStorm: may chop/ledge here...have done several times before as I said (01:57 PM) ppusa: i learned a lot (01:58 PM) BrainStorm: though looks lik it wants to blast on down (01:58 PM) scorp: me too (01:58 PM) ppusa: SCORP - you know when i said paper short before the final hump? (01:58 PM) scorp: yes (01:58 PM) Tom_B: 90.5 is a supp # , DAH shuda taken 1 there...but TOO close ti PIVOT (01:59 PM) ppusa: very important (01:59 PM) ppusa: there was no target and no lower low (01:59 PM) ppusa: you need to remind (01:59 PM) scorp: thats tru (01:59 PM) scorp: true (02:00 PM) ppusa: yes because if i had entered i would probably have panicked and exited (02:00 PM) scorp: thats what i did (02:00 PM) scorp: i was short (02:00 PM) scorp: and exited (02:00 PM) scorp: most likely because no target (02:00 PM) scorp: but the divergence was there (02:01 PM) scorp: the ma cross was good too (02:01 PM) ppusa: yes but it is always the final touch that will separate you from being successful to being hugely successful (02:02 PM) prakso3: scorp - what MA crossover are you talking about ??thx (02:02 PM) scorp: we will be hugely successful if we keep it up (02:02 PM) ppusa: and if you like huge you will remeber every detail (02:02 PM) scorp: it was just the 3/10 that i mentioned (02:02 PM) scorp: but also the 5/20 (02:02 PM) ppusa: but the real cross (02:02 PM) scorp: it was a series of events (02:03 PM) scorp: 20MA (02:03 PM) ppusa: well you guys will just have to figure that out (02:03 PM) tomsurf: is that 3/10 ma's or MACD? (02:03 PM) prakso3: was lucky made 16 Pts (02:04 PM) ppusa: take your pick tom.it's all kind of the same stuff (02:04 PM) scorp: both really (02:04 PM) tomsurf: great prakso ;-) (02:04 PM) tippet: congrats prasko (02:04 PM) scorp: nice prasko (02:04 PM) prakso3: thx tom - one of the first steps to get successful (02:05 PM) scorp: higher low on 144T (02:05 PM) ppusa: covered paper shorts now flat and smiling (02:05 PM) scorp: bline coming up (02:05 PM) tomsurf: scorp- trying to understand what you are talking of...you are running a 3/10 macd with a 3 and 10 period ma? (02:05 PM) prakso3: thx to all of you - it gives me great pleasure and confidence to be in your room thx again (02:05 PM) scorp: sorry, tom - yes for both (02:05 PM) scorp: i have 3/10 ma up to see the lines (02:05 PM) scorp: and the eMACD of 3/10/1 (02:06 PM) tomsurf: ok, thx....got it (02:08 PM) Tom_B: Tom S , one of thgose sells (02:09 PM) Tom_B: setting up (02:09 PM) ppusa: how can you get esignal to refresh a chart that's missing some bars (02:09 PM) scorp: on ensign? (02:09 PM) ppusa: yes (02:09 PM) tippet: hmm were holding above that dwntrednline off the 1/09 hi (02:09 PM) p_8: hit mouse right button, select refresh, pp (02:10 PM) scorp: make sure intraday server is on (02:10 PM) ppusa: yea it's not filling them in (02:10 PM) ppusa: i'll try closing it (02:10 PM) p_8: uncheck preserver bar check box in setup manager (02:11 PM) scorp: another way is to delete all the bars and have it refill them (02:11 PM) ppusa: it is but i rechecked it and unchecked it (02:11 PM) ppusa: see what happens now (02:11 PM) ppusa: says updating (02:11 PM) scorp: good (02:12 PM) scorp: setting up for a buy here; (02:12 PM) scorp: divergence, watching trend (02:12 PM) Tom_B: scorp: Wht is trnd ? (02:12 PM) scorp: trendline (02:13 PM) scorp: top of the bars for 14:04 to now (02:13 PM) ppusa: hard to get good divergence on no new low (02:13 PM) scorp: if MACD goes green and we break the trendline, then i would buy (02:14 PM) ppusa: guess that means lower? (02:14 PM) Tom_B: This is a vry imp't top (02:14 PM) scorp: not going to get it (02:14 PM) ppusa: we are offically in sell for those that follow my trend determiner (02:14 PM) Tom_B: BIG TANK POTENTIAL (02:14 PM) Tom_B: Still fully shrt hre (02:14 PM) tippet: agree tom think we will go and finish the correction if we drop (02:15 PM) Tom_B: TRND CHNGE, imvho (02:15 PM) scorp: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-27/scorp17.jpg (02:15 PM) scorp: that is what i was looking at (02:16 PM) Tom_B: HVE new trdng sys, cvr opn trade profits with quik trde window, lets me just manage the trade (02:16 PM) p_8: google arc here? (02:16 PM) ppusa: you know my paper trade and the 50 point thing? i don't know why i can't just stay short even on paper (02:17 PM) tomsurf: 1382= s1 (02:17 PM) Tom_B: hve 75 ish near trgt (02:18 PM) tomsurf: thx Tom (02:18 PM) ppusa: outside down day vs a bounce (02:18 PM) Tom_B: BUT this is an impulse wave DWN (02:18 PM) tomsurf: ticks have yet to give a good dn flush (02:18 PM) Tom_B: 73.5 - 75 (02:18 PM) ppusa: yesterday's low 82.5 (02:19 PM) ppusa: for day traders probably best to exit (02:19 PM) ppusa: position traders who knows (02:20 PM) mj200: if any one uses gann 1112.25 os esh2 is a gann line (02:20 PM) Tom_B: That pivot low is definitely gonna get hit, imvho that's the trgt for me (02:20 PM) Tom_B: 1382.5 (02:20 PM) tomsurf: mj- good to know (02:21 PM) mj200: any time (02:21 PM) scorp: shelf? (02:21 PM) tomsurf: may have to digest this move some now (02:22 PM) mj200: and 1112.00 is 50% of pivot to r1 (02:22 PM) ppusa: i will tell you how scared the CME was of me going short they turned my cable off! (02:23 PM) mj200: their risk mgr for their act (02:23 PM) ppusa: is this a long opportunity as well as a short cover? (02:23 PM) ppusa: is this whole pattern a 1-2 this being the 2 (02:24 PM) scorp: thats what i am looking for now (02:24 PM) ppusa: something to think about after it completes (02:24 PM) ppusa: i think the daily says it isn't (02:25 PM) ppusa: but>> (02:25 PM) BrainStorm: thres yesterdays low which was your pivot tom ? (02:26 PM) tomsurf: ES fighting to hold 45min ema now (02:26 PM) Tom_B: out 1...tsp on 2nd (02:26 PM) tomsurf: good going Tom...bank alittle ;-) (02:27 PM) Tom_B: had 80 as a # but thnk 70's are more like it we'll see (02:28 PM) Tom_B: This is shwng failure potential (02:28 PM) Tom_B: ...NOT to get too bearish (02:28 PM) Tom_B: BUT (02:28 PM) tomsurf: trin actually telegraphed this move before it began (02:32 PM) tomsurf: moved from .69 to 1.11 straight up ;-) (02:34 PM) Tom_B: prob hre sitting on a # & close to a proj trgt BUT early in session...so... (02:35 PM) Tom_B: if we tke out 67...go to the strm shelter (02:35 PM) TL11: at 50% retrace of 2/22 low (02:35 PM) ppusa: 1370 is last of 50 point target (02:36 PM) Tom_B: just hit trgt, grrr (02:36 PM) 9r: support @ 75 (02:37 PM) ppusa: i ti don't think 50 point target will be met in one swoosh but you never know (02:37 PM) ppusa: do i have to be the first long to get you guys to cover (02:37 PM) Tom_B: out (02:37 PM) ppusa: where was your entry Tom? (02:38 PM) Tom_B: I'm slow, remember pp...1411.5 (02:39 PM) 9r: looking to re-short at 87.50 (02:40 PM) Tom_B: This is a W:3 of this wave dwn , so far as i can tell shd retrace to W:4 for another shrt oppty for a test of low or new low.. (02:41 PM) ppusa: retrace to form a wave 4 (02:41 PM) Tom_B: y (02:42 PM) Tom_B: 9r & i are in the ballpk on the # (02:42 PM) ppusa: personally i am looking for 70 or lower (02:42 PM) ppusa: coincides (02:42 PM) ppusa: monday's gap too??? (02:42 PM) tomsurf: 1360 is s2 today fwiw (02:43 PM) scorp: 200ma resistance? (02:43 PM) ppusa: what is s2? (02:43 PM) Tom_B: But i need some other stuff hre to line up... :) (02:43 PM) tomsurf: pp- support level 2 on daily pivots numbers (02:44 PM) Tom_B: TomS did u get a chance to see that setup ? (02:44 PM) tomsurf: tom- which one? (02:44 PM) ppusa: tks surf (02:44 PM) ppusa: tom bs (02:44 PM) Tom_B: the one i ment to u that was coming ? (02:45 PM) tomsurf: from the beging break? (02:45 PM) Tom_B: no the retr at 1400 (02:46 PM) Tom_B: before the brk (02:46 PM) tomsurf: Tom...missed it in all the action...sorry, geez :-( (02:46 PM) Tom_B: NBD (02:46 PM) globle: hi room any chinese manufacturing companies here pls pm me (02:47 PM) tomsurf: had ES trade and bla bla trade for a friends account ... (02:47 PM) Tom_B: 13:07 cst (02:47 PM) Tom_B: this is another 1 right hre (02:48 PM) tomsurf: yes (02:48 PM) globle: is no talking allowed in this room (02:49 PM) tomsurf: globe, not during working hrs (02:49 PM) Tom_B: right globe no talking & we are futures traders only, tnk u (02:49 PM) p_8: no talking and this is an emini index futures trading room (02:50 PM) globle: where do i serch chinese manufacturing companies pls help (02:50 PM) Tom_B: TOm worse case it's a scalp for end of W:5 of 3 or it was really W:4 of 3 so another leg dwn (02:50 PM) ppusa: the web (02:50 PM) tomsurf: globle has been bounced from the group (02:50 PM) Tom_B: tnx tom (02:51 PM) tomsurf: I'm soo over salemen coming in at important market pts! (02:51 PM) Tom_B: lol (02:53 PM) Tom_B: This little setup is the best one i hve (02:53 PM) Tom_B: usually scratch worse (02:53 PM) Tom_B: IF trade was to continue, great location (02:53 PM) ppusa: can you describe it? (02:54 PM) Tom_B: It's the simple ind i've told u abt... real simple (02:55 PM) Tom_B: this one didn't wrk but the prev one did for 20 or so pts...vry low riks (02:55 PM) scorp: long or short? (02:55 PM) ppusa: guess i haven't heard (02:55 PM) ppusa: other than wave cont (02:55 PM) thoff: silly question, but I just upgraded to win 2k...can anyone tell me where the scandisk program is? it isn't in accessories, like it was on win 98 (02:55 PM) Tom_B: shrt (02:55 PM) Tom_B: This still may break...don't know (02:56 PM) jalemany: thoff, type chkdsk in a dos window (02:57 PM) ppusa: divergence (02:57 PM) Maverick-Trader: eSign feed behind again (02:57 PM) Tom_B: u just had test of low (02:57 PM) thoff: jalemany...isn't there a windows program for it? (02:57 PM) Maverick-Trader: at leat for me (02:58 PM) Tom_B: ttmar there or trail stp (02:58 PM) dave_b_quik: thoff, try start/programs/accessories/systemtools (02:58 PM) thoff: I tried that dave...it is not there (02:58 PM) thoff: it used to be there on win 98 (02:59 PM) Tom_B: Best is to trde multi esp on a day like today (03:00 PM) dave_b_quik: thoff, start/settings/taskbar&startmenu/advanced and check "display admin tools" (03:00 PM) Tom_B: 73.5 was a trgt #...nvr know if there any good might just keep going (03:01 PM) Tom_B: 67 is an impt # to me (03:01 PM) thoff: ty dave let me try that... (03:01 PM) Tom_B: If we get under there i wud head for a shelter (03:02 PM) Tom_B: my TStop was not hit on last position so taking fish out of freezer (03:02 PM) tomsurf: oh, I see that puppy Tom (03:02 PM) Tom_B: good (03:03 PM) Tom_B: GRRR (03:03 PM) tippet: this is 62% off los (03:03 PM) tippet: lows (03:04 PM) thoff: dave, still didn't work :-( (03:05 PM) Tom_B: TomS it's for W:3's (03:05 PM) BrainStorm: Im done cant trade with dodgy data and need a nap long long day (03:05 PM) BrainStorm: keep those stops tight (03:06 PM) Tom_B: W:2's are much hrdr to read (03:06 PM) tomsurf: take care Brain :-) (03:06 PM) tomsurf: TomB...thx (03:06 PM) Tom_B: By Brain (03:06 PM) dave_b_quik: thoff, that checkbox should make it visible on the program list (03:08 PM) Tom_B: pp, r u itching to buy ? (03:08 PM) ppusa: that looks like w5 low (03:09 PM) Tom_B: of W:3 maybe also hld 67 key ovr the edge # (to Me) Cud be W:4retr but TRND DWN so I'll wait to sell rally (03:09 PM) thoff: dave, it still is not on the program list (03:10 PM) ppusa: PnF overextended.i was looking for 67.5 as an attempted entry but nissed (03:11 PM) jalemany: I don't think there is a scandisk in w2k, just chkdsk (03:11 PM) ppusa: 10 point reverses at 80 (03:11 PM) ppusa: hoping pb prior (03:11 PM) scorp: not sure here (03:11 PM) Tom_B: got 80 as key hre too (03:12 PM) ppusa: not akey just a number (03:12 PM) Tom_B: right (03:12 PM) Tom_B: but look at the reaction (03:13 PM) ppusa: now watch (03:13 PM) ppusa: 82 was low from yester so 80 area good point to stop (03:14 PM) Tom_B: Tom S see set ? (03:15 PM) Tom_B: This low is really key (03:16 PM) ppusa: key for what? (03:16 PM) Tom_B: stpng the fall if 67 goes you'll see an intrstng evnt, imvho (03:17 PM) ppusa: the daily charts look like today's high was the beginning of thenext move down to wherever it bottoms and not likely here (03:17 PM) tomsurf: TomB- I see it but not sure I see it the way you do...will remeber to talk to ya later ;-) (03:17 PM) Tom_B: k :) (03:17 PM) scorp: i have a headache (03:17 PM) scorp: so much thinking today (03:18 PM) Tom_B: Y, scorp, if i did sme more thnkg i'd be better off :) (03:19 PM) 9r: Tom B lol...carlin (03:21 PM) jimbo_320: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-27/auto-trader3.gif (03:22 PM) jimbo_320: good 5 wave move down (03:24 PM) jimbo_320: no one here ? or got heads down (03:24 PM) Tom_B: dazed...jim (03:25 PM) 9r: long 76.50 (03:25 PM) jimbo_320: ok tom, tis quiet (03:26 PM) Tom_B: whn we crossed 73 cud buy trgt 89 (03:26 PM) Tom_B: NOT ME (03:27 PM) Tom_B: I"m waiting to sell the W:4 of this puppy (03:29 PM) jimbo_320: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-27/auto-trader4.gif (03:29 PM) tippet: u have that at roughly 38% of this move down or 90ish?? (03:29 PM) brach: jimbo, is this mkt really moving down? (03:30 PM) brach: oh, it's moving up now (03:31 PM) scorp: whats the point? (03:31 PM) brach: MAs tell you where the market is, not where it's going to be (03:34 PM) 9r: out 77.50 +1 for my troubles (03:34 PM) ppusa: sorry 9r (03:34 PM) Tom_B: shrt (03:35 PM) jimbo_320: is it a pb of start of move (03:35 PM) Tom_B: 78 (03:35 PM) ppusa: i was looking at short there.should have said something (03:35 PM) jimbo_320: or start (03:35 PM) jimbo_320: buyers could well be scred right away (03:36 PM) ppusa: 6 point PnF reversed (03:36 PM) 9r: pp doesn't matter...wouldn't have listened...can't trade your stuff n mine too (03:37 PM) Tom_B: out (03:37 PM) tippet: stalking the 20ema5 overhead for short 83.5ish if we make it (03:37 PM) Tom_B: -2 (03:37 PM) scorp: i'm going to end the day red (03:37 PM) ppusa: this drop retraced 62percent of rally from low (03:38 PM) Tom_B: RED in the red ? (03:39 PM) p_8: y, tip, for a 5-min grail sell, 5min adx was at 49 before this retracement (03:39 PM) ppusa: it isn't over (03:39 PM) brach: is Fibonacci in this room? (03:40 PM) Tom_B: Almost shrtd it agn, but (03:42 PM) Tom_B: 67 looks like a good # for now (03:42 PM) Tom_B: HI brach (03:42 PM) 9r: almost bought it again lol (03:42 PM) brach: hi Tom (03:42 PM) Tom_B: hw u doing ? (03:43 PM) brach: great (after i got my datafeed going) (03:43 PM) Tom_B: NAH, who say u need one of those ?? (03:43 PM) GL1958: n (03:44 PM) brach: looking for a rally to W:4? (03:45 PM) Tom_B: Y...& resell...figure this thing to continue dwn BUT suprised it's coming up for air..89 shd hld it, imvho (03:46 PM) brach: we came close to a 62% retracement of the rally that topped yesterday (03:46 PM) Tom_B: Getting late also so i'm done unless a "no-brainer" setsup...hmmm don't get too many of those :) (03:47 PM) ppusa: short at 84.5 (03:47 PM) ppusa: stop at 84 for quick out (03:47 PM) ppusa: or let it run (03:47 PM) ppusa: 10 and 6 point PnF (03:47 PM) Tom_B: lks like a decent scalp pp (03:48 PM) tomsurf: brach- yes, se that (03:48 PM) jimbo_320: http://www.dacharts_dachart_dacharts_dachart.com/charts/2002-02-27/auto-trader5.gif (03:49 PM) ppusa: to slow on the buy back so left stop (03:49 PM) Tom_B: brach i use a free hand form of ELL/FIB/GANN...hve no idea wht i'm doing :) but had 1622-26 as the Great wall of China (03:49 PM) brach: yes, it's moving up (03:49 PM) ppusa: 6 reversed 10 hasn't (03:50 PM) ppusa: i gotta run see you all tomorrow (03:50 PM) Tom_B: 1422-26 (03:51 PM) Tom_B: bye pp (03:51 PM) ppusa: that's the last 50 point reversal i call in here (03:51 PM) scorp: i'm done (03:51 PM) tomsurf: see ya pp ;-) (03:51 PM) ppusa: by (03:52 PM) Tom_B: not 4 da faint of heart, I'm done (03:52 PM) Tom_B: 3m also great setup for w:4 also (03:53 PM) Tom_B: not enough time, imho... (03:53 PM) Tom_B: Take care all, hope u all had good day...must go to (03:53 PM) Tom_B: other life :( (03:53 PM) brach: yes (3 humps-risign wedge) (03:53 PM) 9r: bye tom b (03:54 PM) Tom_B: If it doesn't falll then maybe gap dwn.. (03:54 PM) Tom_B: BYE :) (03:55 PM) ppusa: if any of you are interested in any more calls like that 50 point PnF you will have to find some way to contribute something. (03:55 PM) brach: interesting how 5-wave wedges are now called "3 humps" so as to obscure and connection to EW (03:55 PM) brach: :) (03:55 PM) jimbo_320: looks like selling is done (03:56 PM) Tom_B: Just kidding pp, GOOD CALL (03:57 PM) 9r: me either ;) (03:57 PM) ppusa: i know that brach (03:57 PM) brach: ...or puts (03:57 PM) ppusa: anyone else (04:00 PM) tomsurf: brach- don't think the 3 humper is to obscure EW...just a simple way tfor people to relate and see ;-) (04:00 PM) brach: 5 waves seems as easy to spot as 3 humps, IMO (04:01 PM) brach: (but there's that awful "wave" word) (04:01 PM) tomsurf: brach- you have alot of experiance with EW though. (04:01 PM) jimbo_320: dow held at 50ema30 (04:01 PM) tomsurf: hey, surfers like waves :-) (04:01 PM) brach: yes, and i am amazed at how it encompasses so many of TA concepts (04:02 PM) tomsurf: heck from the fibo book I'm reading it encompasses just about everything (04:02 PM) jimbo_320: done here have good night all (04:03 PM) brach: Fib. and EW are inseparable (04:03 PM) tippet: toms u reading fischer (04:03 PM) tomsurf: you too jimbo (04:03 PM) tippet: ? (04:03 PM) paul 910: buffy would you ask foollio to please e mail buffy template #3 up dated version i'm in my boston office tk u :) paul from york 1963 (04:03 PM) tomsurf: brach- yes (04:05 PM) plevin: does anyone have NQ data from Oct 2001 and/or Jan 2002, in either ASCII or Ensign formats? (04:05 PM) fooliosbrother: i might have it in ascii (04:06 PM) plevin: that's great foolio, can you check and let me know (04:06 PM) fooliosbrother: no (04:06 PM) plevin: if you do, can you email it to me pls (04:06 PM) fooliosbrother: sure :) (04:06 PM) plevin: thanks (04:07 PM) paul 910: new version of #3 template Buffy,s circles & stocastics template E mail up here is paulnader@msn.com (04:08 PM) plevin: foolio, I'll take whatever you have. Actually I should have been more specific, I was looking for NQ 1 min bars (04:08 PM) plevin: is that what you have? (04:08 PM) plevin: cool